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Brent rises toward $108; Libya, U.S. inventories in focus

Last Updated: Friday, January 03, 2014, 13:03

A rebalancing of commodity portfolios by asset managers also added to the volatility in oil prices.

US third-quarter GDP revised higher as inventories bulge

Last Updated: Friday, December 06, 2013, 10:16

Gross domestic product grew at a 3.6 percent annual rate instead of the 2.8 percent pace reported a month ago, the Commerce Department said on Thursday.

World oil prices stable before US inventories data

Last Updated: Wednesday, November 27, 2013, 20:06

Global oil prices steadied Wednesday as dealers anticipated a fresh rise in US stockpiles that would indicate weak demand in the world`s top crude consumer.

US wholesale inventories go up

Last Updated: Saturday, November 10, 2012, 13:16

US inventories at the wholesale level registered a solid month-on-month increase in September, while wholesale sales also gained momentum, the US Department of Commerce's figures revealed.